It is 1 60th the price of FB to tell you how cheap it is!
Where Renn currently trades, it has almost that much a share in cash.
It has a youtube site in China, very popular
A videogame site for pc and mobile phones
Has it's own phone to run its social network better then FB
Has so many more people and so much more potential.
Was about 8 3 weeks ago with many trapped, the lift back to 8 will be swift and is starting today.
Will be the poster child of the 1st China stock to run way up on the NYSE instead of the Nasdaq like BIDU SINA SOHU NTES. NYSE has every interest to run it way up or else any China companies listing in the future will not want to list on the NYSE, as all the China stocks with major lift have always been on the Nasdaq!
Back to 8 very quickly and potential for a short squeeze to an all time high in a very short amount of time!